Shares of Arista Networks Inc.
rallied 2.95% to $395.23 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Arista Networks Inc. hit a new 52-week high, surpassing its previous peak of $384.27, which the company achieved on October 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp.
rose 2.17% to $302.75, Cisco Systems Inc.
rose 1.89% to $55.65, and HP Inc.
rose 3.81% to $27.49. Trading volume (473,561) eclipsed its 50-day average volume of 392,901.